Chapter 9.III, Problem 16TIE

(a)

To determine

To calculate: The total weekly cost of fringe benefits of dynamo productions. They employ $250$

workers with gross payroll of $\$123,400$ per week with fringe benefits are $5\%$ of gross payroll

for sick days and holiday leave $8\%$ for health insurance and $\text{\$}12.40$ per employee for dental

insurance.

(b)

To determine

To calculate: The percentage of payroll $\$123,400$ the fringe benefit $\text{\$}19,142$ represent.

(c)

To determine

To calculate: The cost of fringe benefit $\text{\$}19,142$ for one year.